Shell (RDS.A, RDS.B) may have moved the Kulluk oil rig that ran aground off Alaska last week to...

|By:, SA News Editor

Shell (RDS.A, RDS.B) may have moved the Kulluk oil rig that ran aground off Alaska last week to avoid millions of dollars in taxes, Rep. Ed Markey says, raising more questions about the company's timing of the move. Shell could have been exposed to state taxes if the rig had remained in Alaska until Jan. 1; Markey figures the liability could have been ~$6M.